Effective - 28 Aug 1963, 2 histories
364.050. Director may investigate — buyer may make complaint. — 1. The director, or his duly authorized representatives, shall have full power and authority at any time to make any investigation considered necessary of financing institutions and of other persons having personal knowledge of the matters under investigation and, to the extent necessary for this purpose, may compel the production of all relevant books, records, accounts and documents of financing institutions and other persons with respect to their retail time transactions.
2. Any buyer having reason to believe that his retail time transaction with respect to the Missouri retail credit sales law (sections 408.250 to 408.370) has been violated may file with the director a written complaint setting forth the details of the alleged violation, and the director, upon receipt of the complaint, may inspect the pertinent books, records, letters and contracts of the financing institution and of the seller involved relating to the specific written complaint.
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(L. 1963 p. 463 § 5)
Structure Missouri Revised Statutes
Title XXIV - Business and Financial Institutions
Chapter 364 - Retail Credit Financing Institutions
Section 364.010 - Citation of law.
Section 364.020 - Definitions.
Section 364.030 - Financial institutions to obtain license, exceptions — application — fee.
Section 364.040 - License denied or suspended, grounds — hearing and review.
Section 364.050 - Director may investigate — buyer may make complaint.
Section 364.100 - Definitions.
Section 364.105 - Registration required — fee — forms.
Section 364.110 - Records to be maintained by company.
Section 364.115 - Premium finance agreement, requirements, contents.
Section 364.125 - Other charges allowed.
Section 364.135 - Return of unearned premiums on cancellation of financed contract — time allowed.
Section 364.140 - Filing of agreement not required for validity against creditors.
Section 364.145 - Revenue deposited to state general revenue fund.